Trump’s Presidency Could Worsen Nigeria’s Inflation, Hinder Fiscal Reforms- BMI Report

Research analysts at BMI, a Fitch Solutions company, have projected that Donald Trump’s presidency would keep Nigerian inflation higher for longer and further limit political space for implementing essential fiscal reforms.

Their projection, in a report titled ‘Sub-Saharan Africa Monthly Outlook’ seen by THE WHISTLER, noted that a potential Trump presidency would lead to a stronger US dollar, fueling imported inflation in EM like Nigeria.